Marriott 10% Owner David S. Marriott Transfers 2,000,000 Shares

What Happened
David S. Marriott, a reported 10% owner of Marriott International (MAR), transferred (disposed of) 2,000,000 common shares on 2026-09-08. The reported transaction price is $0.00 and the total reported value is $0, indicating a capital distribution rather than a market sale.

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-10 (appears to be timely).
• Transaction type/code: Other acquisition or disposition (J) — reported as a capital distribution.
• Shares transferred: 2,000,000; reported price per share: $0.00; total value reported: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: Shares were transferred as a capital distribution to J.W. Marriott, Jr., exempt to the transferee under Rule 16a-13; JWM Family Enterprises, Inc. received no consideration.
• Footnote F2: Reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.

Context
This was a non‑cash capital distribution/transfer within related parties rather than an open‑market sale, so it does not directly signal immediate buying or selling pressure. For 10% owners and family transfers, filings often reflect estate, family or entity reorganization and not routine executive trading.